204 Dillingham Way
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Keller Williams Realty Signature Properties | $564,900 | |
| Listed by Keller Williams Realty Signature Properties | |||
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If you’ve waited for an affordable opportunity on Hanover’s desirable Dillingham Way, here it is! Set back off of the street behind a grove of mature plantings, this oversized raised ranch awaits creative vision. Lots of desirable, original “good bones;” hardwood flooring in some areas, hardwood 6-panel doors, an open floorplan kitchen-dining space meas. 22x12, hardwood kitchen cabinets, fireplaced living room, double closets in all bedrooms and 1.5 baths. A retro-inspired lower level great room features a second fireplace and wet bar. An unfinished bonus room awaits your personal touches in addition to the unfinished utility/laundry room. Enjoy the convenience of gas heat, hot water and an attached 22x24 garage with direct access to the backyard and utility room. Updated electric. Just over 1 acre, the 45,000+ sqft parcel offers lots of outdoor potential. Proposed (4-bedroom) septic system located in the back yard. Large driveway with 2-space turn-around area. Hurry or you’ll miss it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017